| There are three major credit report bureau's who | | | | will go up. It will take time and patience, but eventually |
| keep information on your past credit history. You | | | | you will be considered a good risk for financial lenders. |
| should locate these companies and find out whats in | | | | Another way to build your score is by getting a debit |
| your credit report before trying to aquire a credit card. | | | | card, which can be had from your banking institution. A |
| 1-(888) 397-3742 1-(800) 685-1111 1-(800) 916-8800 | | | | secured credit card is another tool for you to use to |
| If you are ever denied recieving a credit card, the | | | | build your credit score. With a secured credit card, you |
| company who denied you is required by law to tell you | | | | are going to give the credit card company your bank |
| the name, address and phone number of the company | | | | account number and they will give you a line of |
| they got your credit report from. You will need to | | | | between 50 and 100 percent credit. If you continue to |
| notify this company within 30 days of recieving your | | | | borrow and pay this line of credit back on a timely |
| denial notice in order to see your credit report for free. | | | | manner, your credit score will rise. |
| Otherwise you will need to pay a fee before seeing | | | | Anyone over the age of 18 and with good income or a |
| your credit report. Seeing your report is wise to do, | | | | good credit history can get a credit card. Every credit |
| because your credit might not be bad, there just might | | | | card company will have different rules on who will be |
| be a clerical error in your report. If you tell the bureau | | | | eligable for a credit card. |
| the clerical problem they will fix it. | | | | Some credit cards charge an annual fee some do not. |
| The higher your credit scrore, the better of a risk you | | | | APR means, annual percentage rate. This is measured |
| are to lenders. If your credit score is low, you are | | | | by the cost of credit which is a yearly interest rate. |
| considered a bad risk. If your credit history is bad, there | | | | This will fluctuate from year to year. Different credit |
| are a few things you can do to bring your credit score | | | | card companies also have different incentives for |
| up. You can get an in-store credit card. If the store | | | | choosing their credit card. Some have gas cards, |
| reports your credit purchases and your ability to pay | | | | some have money back, some have frequent flyer |
| them back on a timely bases to a credit report bureau, | | | | miles. It's best to do your research before signing up |
| your credit score will eventually go up. The more you | | | | for a credit card. Find one that will best suit your needs |
| borrow and pay back on time, the more your score | | | | and your spending habits. |